Dubai Islamic Bank, Union National bank favored, EFG-Hermes says
By Bloomberg
01 August 2018 |
5:00 pm
Shabbir Malik, banking analyst at EFG-Hermes, talks about U.A.E. and Saudi banks. He speaks with Yousef Gamal El-Din on "Bloomberg Daybreak: Middle East."
In this article
Related
8 Feb 2018
Shuaa Capital CEO Fawad Tariq Khan discusses the company's performance and expansion plans.
1 Aug 2018
Shabbir Malik, banking analyst at EFG-Hermes, talks about U.A.E. and Saudi banks. He speaks with Yousef Gamal El-Din on "Bloomberg Daybreak: Middle East."
17 Sep 2018
The United Arab Emirates will allow foreigners to obtain long-term residency visas after they retire, in a major policy shift as the government of the seven-state federation looks to bolster economic growth.
14 Jan 2019
Suhail Al Mazrouei, United Arab Emirates minister of energy and industry speaks with Manus Cranny on "Bloomberg Daybreak: Middle East."
19 Jan 2019
Cracks are starting to show in the U.A.E. banking sector as a property and retail slump take a toll on lenders. While one of the country's smallest banks is being bailed out, problem loans are set to rise this year and lenders are exploring mergers to remain competitive.
Latest
54 mins ago
Protests against planned reforms to raise the retirement age are expected to cause huge disruption to local and regional transport. Unions mobilized massive street protests amid similar strikes earlier this month.
54 mins ago
With looming threats from China and North Korea, Japan has approved a military buildup that's one of its largest defense shakeups since World War II. East Asian countries are responding to the challenges of the changing status quo in the region.
54 mins ago
Mykola Tyshchenko, a Ukrainian MP, was expelled from Ukraine's ruling party over a trip to Thailand earlier this month. The trip came to light through an encounter that was organised with the MP by the Ukrainian embassy in Thailand. Traces of this event were later deleted online. We tell you more in this edition of Truth or Fake.
1 hour ago
A visit to South Korea and Japan by the head of NATO this week highlights the alliance's strategic priority to push back against China and North Korea, while addressing the global impact of Russia's war in Ukraine.
1 hour ago
Russia has started selling its growing reserves of the Chinese currency to fill a budget deficit caused by falling oil and gas revenues and the costs of war. For how long will the yuan shore up Putin's ailing economy?